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HomeMy WebLinkAboutA020 - Letter dated June 9, 2004 reducing financial security to $158,000 - City Clerk's Office 515 Clark Avenue,P. 0.Box 811 c-ingPeopk Ames,IA 50010 P-g— Erceptiona!Service Phone: 515-239-5105 Fax: 515-239-5142 June 9, 2004 R._F_riedrich & Sons, Inc. — - 6 19 E.-Lincoln Way -- - ---- ---- - - -- -- -- Ames, Iowa 50010 Attention Reiny Friedrich RE: Kinyon-Clark Subdivision, 1 s'Addition Dear Mr. Friedrich: At their meeting of June 8, 2004, the City Council adopted Resolution No. 04-250 accepting completion of the utilities required in the Kinyon-Clark Subdivision, 1 st Addition. As a result, the financial security for public improvements on file with the City for this Subdivision has been reduced to $158,000 for the remaining work that includes the street paving, fixture adjustments, and streetlights. Please provide a new Letter of Credit in the amount of$158,000 prior to July 1, 2004. Thank you for your attention to this matter. Sincerely, Diane Voss City Clerk /dry